A contract to build four ships for German owner Rickmers Shipping has been awarded to Sadra of Iran. The value of the contract is $120m and the first ship will be delivered…

The output of China's shipbuilding industry reached 12 million tonnes in 2005, making up 18% of the global share, according to the China Shipbuilding Industry Association. China's top two shipbuilding giants, the…

Bohai Shipbuilding Heavy Industries won orders for four 300,000DWT VLCCs, four 3,500 cbm LPG carriers and eight 46,000DWT product carriers from Nanjing Tanker Corporation of Changjian Shipping Group. Total contract price is…

Daewoo Shipbuilding and Marine Engineering in South Korea is aiming to win $10 billion worth of orders in 2006, up 47 % from $6.8 billion in 2005.It also expects to win a…

Keppel Singmarine has clinched three newbuilding contracts worth a total of $72.3 million. The first contract involves the construction of four anchor handling tug/supply (AHTS) vessels at its Keppel Nantong Shipyard, northwest…

Damen Shipyards Gorinchem has been awarded a contract from the Swedish Coastguard in Karlskrona to construct two 80 metre multi purpose vessels. The contract covers design, engineering and construction of two vessels…

A fleet of new ships built for British Gas and other companies to meet Britain's growing energy needs by bringing in LNG from abroad has been hit by leaks and safety scares.…

South Korea aims to sell a controlling stake in Daewoo Shipbuilding and Marine Engineering, currently valued at 2.5 trillion won ($2.5 billion), in the second half of 2006. State-run Korea Development Bank…

Guangzhou Shipyard International in China secured contracts for two 51,800DWT chemical tankers from Torm and one from Gotland. Delivery date and price were not revealed. Guangzhou Wenchong Shipyard clinched a 1,700TEU container…

Universal Shipbuilding in Japan won a 200,000DWT bulk carrier from Star Bulk Carrier for delivery during second half of 2010.The newbuilding will be deployed on the transpacific route for Sumitomo Metal Industries.